The fund was established by Patrick Chang, a prominent angel investor deeply involved in the cryptocurrency industry.
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In an interview with CoinDesk, Fred Thiel, CEO of Marathon, emphasizes the importance of securing adequate funding for the development and upkeep of the open-source Bitcoin Core client software.15
Superscrypt spearheaded the extension of pre-seed funding, with Polygon already onboard as an investor.22
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On Monday, meme coin traders enthusiastically invested in various pizza-related tokens, but the anniversary of the first bitcoin purchase was overshadowed by rug pulls that dampened the mood.23
Cathie Wood also alluded to the significant downfall of the crypto exchange FTX last year, stating that it effectively 'proved the concept' of bitcoin.20
The project additionally introduced its new PLEX client, designed to alleviate the demands of computationally intensive tasks involving scientific data.20
The bank anticipates a continued lack of activity in digital asset trading, as retail investors choose to stay out of the market.24
Hong Kong Securities Regulator to Commence Accepting Crypto Exchange License Applications from June 1st
The SFC's guidelines explicitly forbid the distribution of crypto 'gifts' intended to encourage retail investments, which may encompass airdrops. Additionally, the guidelines state that stablecoins should not be allowed for retail trading until they undergo regulatory oversight.15